City Council

9. FISCAL YEAR 2023-24 (FY24) 4TH QUARTER FINANCIAL REPORT; PROPOSED FY25 CARRY-\nOVER BUDGET ADJUSTMENTS; FINANCIAL POLICY UPDATES; HEALTH PLAN PROVISIONS\nFOR CALENDAR YEAR 2025; AND SALARY RANGES FOR REPRESENTED AND NON-\nREPRESENTED EMPLOYEE CLASSIFICATIONS; AND AMENDMENTS TO CITY’S CONFLICT\nOF INTEREST CODE\nRECOMMENDED ACTION: That the City Council:\n1) Receive and file the FY24 Financial Report for the quarter ended June 30, 2024; and\n2) Amend the FY2024-25 (“FY25”) budget by authorizing the carry-over and appropriation of\nencumbered and unencumbered funds from FY24 to FY25, and authorize the FY25 revenue\nand expenditure adjustments, as detailed in this report; and\n3) Approve Amended Financial Policy #231 – Infrastructure Asset Management Policy and\nrescind Financial Policy #234 – Community Investment Account; and\n4) Adopt Resolution entitled:\nA RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DANA POINT, CALIFORNIA,\nESTABLISHING SALARY RANGES FOR REPRESENTED AND NON-REPRESENTED\nCLASSIFICATIONS AND ADOPTING NEW JOB TITLES AND CLASS SPECIFICATIONS;\nand\n5) Adopt a Resolution entitled:\nA RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DANA POINT, CALIFORNIA,\nAMENDING THE CITY’S CONFLICT OF INTEREST CODE; and\n6) Adopt a Resolution entitled:\nA RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DANA POINT, CALIFORNIA,\nMODIFYING HEALTH BENEFIT PLAN ALLOWANCES FOR ELIGIBLE REPRESENTED\nAND ELIGIBLE NON-REPRESENTED CLASSIFICATIONS.